MEKO AB (OSTO:MEKO)
kr 129 5.6 (4.54%) Market Cap: 7.27 Bil Enterprise Value: 11.68 Bil PE Ratio: 18.83 PB Ratio: 1.15 GF Score: 88/100
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Q4 2019 Mekonomen AB Earnings Call Transcript

Feb 07, 2020 / 08:00AM GMT
Release Date Price: kr84.2 (-1.06%)
Operator

Hello, and welcome to the Mekonomen Group Conference Call Year-end Report January to December 2019. My name is Courtney, and I'll be your coordinator for today's event.

Please note that this conference is being recorded. (Operator Instructions)

And I will now hand you over to your host, Chief Executive Officer, Pehr Oscarson, to begin today's conference. Thank you.

Pehr Oscarson;publ;President;CEO
Mekonomen AB

()-&

Thank you, and welcome to this call where we will present a bit about our fourth quarter 2019. Together with me here is Ãsa Källenius, our CFO, who will also take us through some numbers.

But to start, I would say, we have a stable performance in the fourth quarter, and shortly, we'd talk about continued sales growth and a stable profitability. The ongoing EBIT improvement activities are according to plan. We have improved our cash flow generation. And the Board has decided to propose a dividend of SEK 0.5 per share. And we still see that our attractive concepts and

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